The purpose of this meeting is to meet face-to-face with the company CEO and leadership in order to get crucial questions answered.  The Deep Dive will take place in Denver and will cover all the major due diligence questions such as IP, competition, leadership, funding strategy, exit strategy, use of funds, milestones, etc

This is a new format for RVC!

We are working with a rapid engagement format where we (RVC) have determined that we have an interesting deal with a short timeline.  We have evaluated the deal and spoken with the founders and we're presenting this because it looks like a great deal to us. 

In this case, Anuvi comes to us from trusted partners and it is founded by team members from Craftsy and Guild - two Denver startup success stories.  The founders of these unicorns are backing this spinoff and we think you might want to get into the deal also.

I spoke with Anuvi co-founder Matt Burdumy (who I have known since 2016), and I was super impressed with the company strategy and the opportunity that they are tapping into.  If you're a "bet on the jockey" type of investor, this could be a deal you will be interested in because Matt and his technical co-founder Ed are hitting all the good strategy points with this startup.

This deal is going FAST.  This is a $660K raise and there is only $440K left for RVC investors.  The Anuvi team wants to have investors engaged who know this space and can represent "smart money" and provide them with help with team, connections, strategy and more - all good RVC principles. 

By FAST, I mean that we'll have the deep dive on Friday and you will have the weekend to do your due diligence, and we're looking for commitments by Monday so they can close out their round.  We'll provide you with SPV information at the deep dive.

Why are we doing this when we are always talking about the importance of due diligence and process?  

We have perceived that the world of angel investing is changing and that startups are able to choose their investors vs. the other way around.  To experienced startup founders, money comes in two forms - straight cash, and capital that comes with technical support.  We think that RVC investors have shown a historical capability to coach, mentor, introduce, and follow-on invest to support startups - but we typically take 60 days to do a deal.  

We have shown that in the past, when a great deal has presented itself, that we can mobilize ourselves in a week or less.  This kind of speed will be needed for angels to get into the best deals in the future, and this deep dive and opportunity are a part of the learning process to see how fast we can responsibly mobilize to invest, and how well we can articulate our value proposition beyond just capital, for the best startups.

To learn more about Anuvi, visit:

https://docsend.com/view/wtkfnjsdgwwkt6n8

Outstanding Questions w/ Company (10 minutes)
Investor Only Discussion (30 minutes)